Financial Performance - Q2 2025 revenue was $716 million, a decrease of 9% compared to Q2 2024[9, 14] - Q2 2025 adjusted EBITDA was $99 million, a decrease of 19% compared to Q2 2024[14] - Q2 2025 adjusted EPS was $0.60, a decrease of 21% compared to Q2 2024[9, 15] - Net debt to adjusted EBITDA ratio was 3.4x as of March 31, 2025[34] Segment Performance - Advanced Process Solutions (APS) revenue decreased by 12% to $494 million in Q2 2025[20] - APS adjusted EBITDA decreased by 22% to $79 million in Q2 2025[20] - Molding Technology Solutions (MTS) revenue decreased by 2% to $222 million in Q2 2025[25] - MTS adjusted EBITDA decreased by 4% to $32 million in Q2 2025[25] Guidance and Outlook - Updated FY25 revenue guidance is $2.555 billion to $2.620 billion, a decrease of (20%) – (18%) year-over-year[35] - Updated FY25 adjusted EPS guidance is $2.10 to $2.45, a decrease of (37)% - (26)% year-over-year[35] - Direct tariff costs are estimated at approximately $15 million for the second half of FY25[9, 10]